HS Icon Amino-resins

3909 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $16.2B, Rnk 221 / 1217

2019
Top Exporter | Top Importer
: $2.76B | $1.42B, Germany | China

2019
Product Complexity
: 1.14, Rnk 113 / 961

2018 - 2019
Export Growth (CAGR)
: -15.3%, Rnk 1080 / 1217

2018
Mean Tariff
: 5.49%, Rnk 753 / 1259

 2019
Share of World Trade
: 0.089%, Rnk 221 / 1217

Overview:  This page contains the latest trade data of Amino-resins. In 2019, Amino-resins were the world's 221st most traded product, with a total trade of $16.2B. Between 2018 and 2019 the exports of Amino-resins decreased by -15.3%, from  $19.1B to $16.2B. Trade in Amino-resins represent 0.089% of total world trade.

Exports: In 2019 the top exporters of Amino-resins  were Germany ($2.76B), China ($1.75B), United States ($1.56B), Belgium ($1.28B), and Netherlands ($1.04B).

Imports: In 2019 the top importers of Amino-resins were China ($1.42B), Germany ($1.13B), United States ($762M), France ($681M), and Netherlands ($674M).

Tariffs: In 2018 the average tariff for Amino-resins was 5.49%, making it the 753rd lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Amino-resins are Bahamas (33%), Bermuda (25%), Pakistan (17.5%), Maldives (17.2%), and Romania (14.7%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), Zambia (0%), Hong Kong (0%), and Lebanon (0%).

Ranking: Amino-resins ranks 113th in the Product Complexity Index (PCI).

Description: Amino-resins are typically used in the production of adhesives, as they are soluble in water. Phenolic resins are used in the production of paints and varnishes, as they are fire resistant. Polyurethanes are used in the production of flexible materials, like foams and sponges.

Exporters and Importers

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Trade By Country

Top Origin (2019): Germany, $2.76B

Top Destination (2019): China, $1.42B

Amino-resins are the world's 221st most traded product.

In 2019, the top exporters of Amino-resins were Germany ($2.76B), China ($1.75B), United States ($1.56B), Belgium ($1.28B), and Netherlands ($1.04B).

In 2019, the top importers of Amino-resins were China ($1.42B), Germany ($1.13B), United States ($762M), France ($681M), and Netherlands ($674M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Chinese Taipei, $33.7M

Top Destination Growth (2018 - 2019): Vietnam, $38.6M

Between 2018 and 2019, the exports of Amino-resins grew the fastest in Chinese Taipei ($33.7M), Turkey ($23.9M), Vietnam ($11.3M), India ($8.47M), and Brazil ($5.52M).

Between 2018 and 2019, the fastest growing importers of Amino-resins were Vietnam ($38.6M), Iraq ($14.7M), Indonesia ($4.1M), Sweden ($3.56M), and Nepal ($2.55M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Amino-resins.

In 2019,  market concentration measured using Shannon Entropy, was 4.42. This means that most of the exports of Amino-resins are explained by 21 countries.

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TOP NET EXPORTER (2019): Germany, $1.63B

TOP NET IMPORTER (2019): Vietnam, $583M

This map shows which countries export or import more of Amino-resins. Each country is colored based on the difference in exports and imports of Amino-resins during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Amino-resins were Germany ($1.63B), Belgium ($835M), United States ($794M), Japan ($586M), and South Korea ($460M).

In 2019, the countries that had a largest trade value in imports than in exports of Amino-resins were Vietnam ($583M), Canada ($491M), Mexico ($429M), India ($420M), and France ($367M).

Disaggregation

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Value

In 2019, the world most traded Amino-resins, disaggragated by their HS6 level were Polyurethanes in primary forms ($6.92B), Amino-resins nes, in primary forms ($5.59B), Phenolic resins, in primary forms ($2.04B), Urea resins, thiourea resins, in primary... ($989M), and Melamine resins, in primary forms ($649M)

Import Tariffs

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In 2018, the average tariff for importing Amino-resins was 5.49%.  The countries with the highest tariffs for importing Amino-resins were Bahamas (33%), Bermuda (25%), Pakistan (17.5%), Maldives (17.2%), and Romania (14.7%).

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Product Complexity

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Diversification Frontier

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The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.